6.7% price reduction

1705 1055 Richards St, Vancouver, BC

$799,000
Est. Mortgage /mo

MLS® R3005040

1 Beds
1 Baths
700 sqft
1141 $ /sqft
506.31 $ Maint. fee
2009 Built
$799,000
$856,000
Est. /mo with 20% down
$1,141/sqft · Tax $2,526/2024
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

6.7% price reduction

Beautiful 1 bed + den + storage in Donovan by Cressey, a luxury boutique building in the heart of Yaletown. This bright NE corner unit offers A/C (geothermal), Miele appliances, granite counters, engineered hardwood, and a spacious open layout with a large balcony. The den has windows—perfect as a 2nd bedroom or office. Enjoy top amenities: gym, sauna, steam room, lounge. Steps to parks, restaurants, SkyTrain, shops. Includes parking & locker. A stylish home in Vancouver’s most desired downtown location!

General Info

Price $799,000
Total Bedrooms 1
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 700
Lot Size -
Lot Size Depth Feet
Lot Size Frontage 0
Basement None
Basement Features -

Property Metrics

Year Built 2009
Age Of Building 16
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Geothermal
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R3005040
Building Name -
Area Vancouver West
Neighbourhood Downtown VW
City Vancouver
Postal Code V6B 0C2
Price per Sqft $1,141
Gross Taxes $2,525.92
Ownership Type Freehold Strata
Maintenance Fee $506.31
Community Features Shopping Nearby
Amenities Nearby Exercise Centre, Caretaker, Trash, Maintenance Grounds, Gas, Hot Water, Management, Geothermal

Heating & Cooling

Fireplace -
Heating Type Forced Air, Geothermal
Cooling Central Air, Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Under Building, Underground
Total Parking Spaces 1
Listed by: Panda Luxury Homes

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Secondary
King George Secondary School
1.69 km
Elementary
Lord Strathcona Community Elementary School
0.92 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Anchor Point Montessori
0.61 km
Secondary
Pattison High School
0.4 km

Closest Transit

Bus Stop
Northbound Seymour St @ Nelson St
0.14 km
Skytrain
Skytrain @ Yaletown-Roundhouse Stn
0.37 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Above Average
52%
No Certificate/Degree
Below Average
5.5%
Owner Occupied
Average
73.7%
Employment Rate
Below Average
27.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $210
Maintenance fee 0
A 20% down payment of $159,800 on this $799,000 listing yields an estimated mortgage of $3,052/month (30-year fixed, 4%). Total estimated housing cost: $3,768/month, $210 property tax, $506 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $2,876/month in estimated rental income against $3,818/month in mortgage payments, the monthly cashflow is -$942/month. A 45% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $799,000
Vancouver Loading...
Downtown VW Loading...
This $799,000 listing sits 31.4% above the Downtown VW average of $608,136 for similar 1-bedroom Apartment/Condos (208 active comparables). This property is flagged as a Hot Deal (6.7% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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